Actuarial Pricing Integration Lead, Pricing Analytics & Models

AXAHartford, CT
3d$101,000 - $149,000

About The Position

Pricing Analytics & Models (PAM) is a unit of AXA XL’s insurance division that enables product pricing actuaries and underwriters to harness information, deploy tools, and generate insights that improve portfolio management and increase profitability. The Pricing Models team within PAM works with pricing actuaries to design, build, and implement the algorithms that underpin premium calculations for the company’s global casualty, professional, property, and specialty lines. The Pricing Models team brings a special combination of actuarial expertise, technical knowledge, and coding skills necessary to engineer, maintain, and enhance those algorithms. AXA XL is executing a major transformation of its pricing technology infrastructure that will streamline and upgrade the consistency, performance, and accuracy of its pricing tools. The members of the Pricing Models team are crucial contributors to this project – shaping best practice in pricing tool production and actuarial methodologies and supporting AXA XL technology teams in integrating pricing into policy administration systems and underwriting workflow platforms.

Requirements

  • Significant experience in US mid-market or large commercial non-life pricing;
  • Actuarial qualification or near qualification; ACAS or FCAS
  • Experience integrating pricing tools with Guidewire, Duck Creek, or other major insurance technology platforms;
  • Proven ability to lead projects independently and manage workloads across different projects effectively;
  • Proven ability to work with global, multi-disciplinary teams, including actuaries, underwriters, and information technology staff;
  • Excellent verbal and written communication skills with the ability to distill complex technical concepts and processes into clear, concise, and easily understandable terms for non-technical audiences.
  • Successful technical aptitude with commercial programming experience (Python / R / SQL);
  • Proven ability to think strategically with a passion for innovation and a desire to utilize new technologies.
  • A pragmatic and delivery-focused approach; and collaborative work ethic.
  • A bachelor’s degree in actuarial science, mathematics, statistics, or computer science.

Nice To Haves

  • Experience with the creation, coordination, execution, and communication of a large-scale, corporate transformation or information technology project.
  • Familiarity with relevant enterprise microservice architecture concepts.
  • Data literacy (data lineage, quality, mappings) and ability to read interface and API specs;

Responsibilities

  • Champion business needs in cross-functional design and integration discussions, balancing pricing quality, governance, and feasibility.
  • Keep pricing leadership informed with concise, regular updates on progress, risks, and issues across all affected product lines.
  • Be the pricing actuaries’ voice in design and integration discussions with the technology team that is implementing Guidewire.
  • Provide a bridge and translation for the integration team and pricing actuaries by gathering and clarifying pricing requirements, ensuring the technology leads to understand the users’ expectations and the actuaries understand the capabilities and limits of the Guidewire software;
  • Flag cross-functional risks early and propose pragmatic mitigations, escalating awareness when necessary; and
  • Foster knowledge sharing and onboarding for policy/method decisions that could affect system design or implementation.
  • Assist with building and/or coding and implementing pricing models in R or Python;
  • Ensure line of business actuaries align their pricing models with approved methodologies, incorporate core pricing modules, and adhere to standards and practices for development and deployment.
  • Identify opportunities for improving user experience, logic, and coding within pricing models.
  • Conduct model reviews, test coding, and assess model accuracy and performance; and
  • Create consistent technical documentation for actuarial methodologies and frameworks.

Benefits

  • AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
  • At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
  • Named to the Diversity Best Practices Index
  • Signatory to the UK Women in Finance Charter
  • AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
  • We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
  • We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
  • competitive retirement savings plan, health and wellness programs
  • wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.
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